PYMNTS

NOVEMBER 22, 2018

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. The domestic digital payments market is projected to rise to a value of $1 trillion by 2023 , as estimated by Credit Suisse , up fivefold from recent tallies.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

SEPTEMBER 29, 2017

Now, some even make payments. The contactless payment-enabled smartwatch will allow its users to make payments before, during and after their workouts, all without having to carry a wallet, payment card or smartphone, and all with just the flick of a wrist. Here are the numbers: 1.8 percent increase over 2016.

Innovation 111

Innovation Data Exercises Study 111

PYMNTS

OCTOBER 7, 2019

But 5G promises to have an impact in various if not most areas of healthcare — that likely includes payments, though the impact there is likely to be indirect, at least according to information out there now. Patients and Payments. percent CAGR from 2019 to 2026. And that’s also part of the promise of 5G in this industry.

Analysis 196

Analysis Mobile Tools Data 196

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. FedNow: Along with lots of sessions and talk around instant payments and its various use cases. In order of our perceived importance, here is our breakdown: 10.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

AUGUST 28, 2019

Multiple companies in payments and commerce are pressing the gas on the emerging connected vehicle ecosystem — but some speed bumps are appearing, and some of them look to be pretty significant in the coming years. According to one estimate, “about 50 million internet-connected cars operate on U.S. percent CAGR from 2019 to 2026.

Security 119

Security System Operations Report 119

PYMNTS

SEPTEMBER 25, 2019

Artificial intelligence adoption continues to grow in the corporate world, and as businesses look to broaden margins, save money and drive strategic operations, the finance department is a prime target for AI-powered solutions. billion market by 2026 as demand grows from small and medium-sized businesses, too.

Analytics 147

Analytics Operations Technology Software 147

PYMNTS

FEBRUARY 20, 2019

In a digital commerce ecosystem, two parties that have never met before must agree to transactions or assignments, deliver and receive products and, perhaps most importantly, ensure payments occur as quickly as possible. All of the steps in digital transactions require trust, which can be difficult to come by.

Tools 108

Tools Online Security Video 108

PYMNTS

JUNE 8, 2020

percent between 2019 and 2026, hitting $43.2 Other FIs are offering open banking out of necessity, with governments and regional lawmakers requiring its adoption and that consenting customers’ financial data is made available to third-party payment service providers.

Security 151

Security Fintech Data Comparison 151

PYMNTS

SEPTEMBER 12, 2019

percent from 2019 to 2026, the technologies’ high costs and lack of skilled IT professionals prevent the market from doing so more quickly. Nicolas Dinh, chief operating officer at payment app startup STACK, spoke with PYMNTS about how synthetic IDs are a major threat and how FIs can mitigate risk. Cryptocurrency and Blockchain.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

MAY 4, 2018

In business, that trust can quickly erode when payments problems arise. This erosion tends to be more prevalent in the gig economy, a space which sees freelance workers dependent on employers following through on their payment obligations to make their financial ends meet. The Index found that payments are hardly speeding up, however.

Tools 103

Tools blockchain Survey Video 103

PYMNTS

NOVEMBER 29, 2017

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. There is a stigma, and people just don’t want to touch it, so the typical types of solutions for inventory management and payments just aren’t there.

blockchain 102

blockchain Industry District of Columbia Florida 102

FICO

FEBRUARY 9, 2023

As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams) accounted for 41%. Payment scams reached unprecedented levels last year and look set to double by 2026.

Fraud 52

Fraud social media Examples Regulation 52

South State Correspondent

OCTOBER 25, 2023

Checks are dying and about to die quicker, given the rise of instant payments. After World War II, checks were the hot payment technology and helped fuel the boom that followed. At its height, checks accounted for 86% of all payments in the U.S. Now, a paper check could be scanned and turned into an electronic payment.

Fraud 195

Fraud ATM Payments Management 195

PYMNTS

AUGUST 30, 2019

The share of field-based construction workers alone is projected to grow at a rate of 12 percent from 2016 to 2026, faster than the overall average, according to the Bureau of Labor Statistics. Field-based work is projected to experience significant growth in the coming years. Recent data estimates it could reach $4.45 percent from 2016.

Tools 100

Tools Management System Resources 100

PYMNTS

MAY 31, 2018

These days there are 800 million bank accounts linked to the Aadhaar the national-identity digital database, according to reports in The Economist , and thosee account are all connected to the Universal Payments Interface that allows easy transfers between banks accounts. And expectations for eCommerce are swelling accordingly.

Branding 101

Branding National Report Online 101

PYMNTS

MARCH 13, 2019

Recent research indicates that restaurant operators are no longer interested in taking a back seat when it comes to industry evolution, and instead want to be active participants as new POS and payment options are unveiled. Impacts on Day-to-Day Operations. Operators can’t neglect in-store service, however.

Operations 102

Operations Mobile System Management 102

PYMNTS

DECEMBER 1, 2017

In response, Uber fired chief security officer Joe Sullivan, as well as Craig Clark, a senior lawyer who reported to him, for their roles in obscuring the hack, which included the $100,000 payment to attackers to conceal the breach. Initial payments skills will be tied to donations, restaurants and events. We just live in it.

New York 144

New York Data Regulation Washington 144

PYMNTS

AUGUST 29, 2019

The latest Workforce Spend Playbook showcases the shifting spend management solutions landscape and how improved services are affecting SMBs’ in-field expense management, back-office operations and bottom lines. Field-Based Workers Need Faster Payments. billion by 2026. Gig Workers Struggle to Shoulder Expenses .

Tools 108

Tools Management Resources Study 108

PYMNTS

APRIL 30, 2019

The adoption of fleet cards and electronic payment technologies in the fleet industry supports the sector’s push toward digitization and innovation. To do that, legislators’ efforts to standardize EV charging stations must include the standardization of payments for those charges, Cornwall Insight argued.

Cards 128

Cards Industry Trends Report 128

CB Insights

MARCH 19, 2019

5G technology could help production operations in the manufacturing industry become more flexible and efficient, while enhancing safety and lowering costs to maintain. As financial institutions increasingly focus on mobile operations, 5G technology is poised to accelerate this digitization, from internal operations to customer engagement.

Industry 78

Industry Video Mobile Technology 78

PYMNTS

MARCH 18, 2019

And China’s Payment and Clearing Association also found in a 2016 survey that 95 percent of people were aware of fingerprint recognition to make payments. Walmart recently tested a new payments approach to boost online conversions. The projected value of the global automated fingerprint identification system by 2026 is $26.55

Online 110

Online Technology Security Payments 110

CB Insights

MARCH 2, 2018

Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026. While Amazon is pouring billions into its branded marketplace and investing in other supplementary businesses, Alibaba has made heavy strategic investments in payment solutions and existing ecomm businesses.

Regional 68

Regional Retail Marketing Online 68